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Loss of operating licence sees OEG’s Polish subsidiary file for bankruptcy

4th January 2017 10:00 am GMT

Casino Polonia-Wrocław, the Polish subsidiary of Estonian operator Olympic Entertainment Group (OEG), has submitted a bankruptcy petition after being forced to shut its doors in September 2016.

The subsidiary failed to submit its application for a new specific activity licence by the March 24th 2016 deadline, only doing so on September 1st alongside another Polish subsidiary of OEG, Ultramedia. As a result the casino closed its doors on September 24th.

Ultramedia's future remains unclear, though at the [...]

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